The new order
By BroadCasting & Cable Staff -- Broadcasting & Cable, 10/29/2000 7:00:00 PM
AT&T Broadband 2000E Revenues: $8.3B Cable assets initially get tied to a tracking stock. When all the pieces ultimately splinter, cable systems stay inside the original, century-old AT&T, which gets renamed and surrenders its stock-ticker symbol. Gets controlling stake in Excite@Home.
AT&T Business 2000E Revenues: $28.6B Long-distance and CLEC services targeting larger commercial customers. Will get the ancient T ticker symbol and be the parent of AT&T Consumer.
AT&T Consumer 2000E Revenues: $19.2B The sagging residential long-distance business, which cable was supposed to help save. Becomes a tracking stock of the business group.
AT&T Wireless 2000E Revenues: $10.3B Fast-growing cell-phone operation. Already a tracking stock, but AT&T owns 85%. Company will completely spin that out.
Revenue estimates by Morgan Stanley Dean Witter
No related content found.
No Top Articles
Digital Rapids provides market-leading software and hardware solutions, technology and expertise for transforming live and on-demand video to reach wider audiences on the latest viewing platforms more efficiently, more effectively and more profitably. Empowering applications from..more